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| Zhang, Qing; Ogus, Anthony. |
| Surveys have shown that, in general, developing countries tend to regulate the set-up processes for firms more intensively than developed countries. In particular, while many developing countries tend to integrate licensing requirements in the set-up process ('set-up licensing'), the more developed countries generally use licensing procedures independent of the set-up process ('independent licensing'). Set-up licensing requirements must be met before an enterprise can lawfully exist and operate in any respect. In contrast, an independent licensing system merely requires authorisation for the particular activities that are to be controlled, and this does not affect the right of the firm to exist and engage in other business activities. More importantly,... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Licensing Procedures; Developing Countries; Set-up Process; Set-up Licensing; Independent Licensing; Public Economics. |
| Ano: 2005 |
URL: http://purl.umn.edu/30671 |
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| Ogus, Anthony. |
| The aim of this paper is identify and compare the key features of regulatory systems in industrialised countries. By way of essential background, the first section deals with the constitutional and cultural environment which underpins the systems, but it also includes a discussion of regulatory traditions and styles which, for example as between anglophone and continental European regimes are significantly different. Institutional frameworks are discussed in the second section, covering, inter alia, the relationship between regulatory agencies and government, the breadth of remit of regulatory institutions and the degree of discretion conferred on them by legislation. The latter necessarily gives rise to issues concerning the forms of and institutions of... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Public Economics. |
| Ano: 2002 |
URL: http://purl.umn.edu/30609 |
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